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US envoy to UN heading to Haiti to show support for fight against gangs
UNITED NATIONS (Reuters) - The U.S. envoy to the United Nations is traveling to Haiti on Monday, said U.S. officials, a month after the first contingent of Kenyan police arrived in the Caribbean country as part of an international security mission aimed at tackling gang violence.
Canadian attempts knife attack on Israel security unit, is shot dead, authorities say
NETIV HAASARA, Israel (Reuters) -A Canadian citizen attempted to attack an armed civilian security unit with a knife in southern Israel near the Gaza border and was shot dead, Israeli authorities said on Monday.
Air Canada cuts 2024 core profit forecast as over-capacity impacts prices
(Reuters) -Air Canada cut its full-year core profit forecast on Monday, as over-capacity in certain markets and competition on international routes impacted its pricing power. A rush among carriers to cash in on summer travel demand has forced airlines to offer discounts on tickets to fill their planes.
Analysis-Geopolitics is back to break markets' stride
NEW YORK/SINGAPORE (Reuters) - Politics has toppled global markets from record peaks and over a turbulent few weeks stepped to the fore as investors confront the prospect of an increasingly fractious Europe, isolationist America and a slowdown in the pulse of world trade.
Philippines' Marcos bans offshore gaming operators
MANILA (Reuters) -Philippine President Ferdinand Marcos banned offshore gambling operators on Monday, targeting an online industry that the regulator has said is dominated by Chinese firms and includes unlicensed groups that have branched out into crime.
Yellen to face questions on Biden campaign exit, Trump at G20 finance meeting in Brazil
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen faces questions from G20 finance leaders this week over U.S. policy commitments after President Joe Biden dropped his re-election bid and as international angst grows about a potential return of Donald Trump to the White House.
Fed may be on cusp of emerging from 'elevated' inflation blues
WASHINGTON (Reuters) - In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and policymakers shifted from their more passive tone about inflation and began describing it as "elevated."
US Secret Service chief set for grilling by Congress over Trump shooting
WASHINGTON (Reuters) - U.S. Secret Service Director Kimberly Cheatle will undergo a grilling on Monday at a congressional hearing into her agency's failure to prevent a would-be assassin from wounding Republican presidential candidate Donald Trump earlier this month.
G20 finance ministers meet to seek consensus before US election
BRASILIA (Reuters) - Finance ministers and central bankers from the Group of 20 meet this week to renew efforts to reach consensus on economic policy ahead of the U.S. election, and will avoid discussing the wars in Ukraine and Gaza to try to prevent them dominating the talks.
GM, Ford profit may take a hit from cooling EV demand, US dealer software outage
(Reuters) - General Motors and Ford may post lower profit when they report quarterly results this week, as the industry's high-stakes bet on EVs fails to pay off, while a cyberattack on a crucial computer network used by dealerships disrupted sales.
Morning Bid: Biden bows out, election bets shift, China cuts
A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. President Joe Biden's weekend withdrawal from the White House race can hardly be seen as a big surprise, but it adds some doubts to market bets that Republican challenger Donald Trump is a shoo-in in November's election.
Analysis-With no big deal safe, investment bankers move to safeguard fees
NEW YORK (Reuters) - Investment bankers are changing how they ask to be paid in a bid to preserve and boost fee revenue they generate from advising companies on mergers and acquisitions, as more big deals face challenges by regulators.
flydubai says expansion plans hindered by Boeing delays
DUBAI (Reuters) - Budget carrier flydubai's fleet expansion plans have been hit by delays to Boeing's aircraft delivery schedule, the Dubai airline said on Monday. Flydubai, the sister low-cost airline of flagship carrier Emirates, said it was "evaluating its route development plans and potential frequency revision across the network due to a lack of new aircraft deliveries over the next few months".
France to give 24-hour protection to Israeli Olympics team amid Gaza tensions
PARIS (Reuters) -Israeli athletes will receive 24-hour protection during the Paris Olympics, France's interior minister said, after a far-left lawmaker said Israel's delegation was not welcome and called for protests against their participation.
Kamala Harris raises nearly $50 million after Biden endorsement
(Reuters) - U.S. Vice President Kamala Harris has raised $49.6 million for her presidential campaign in less than a day after President Joe Biden dropped out of the race and endorsed her as the Democratic nominee, a campaign spokesperson for Biden said on Monday.
India court suspends order to restaurants to display owners' names after anti-Muslim bias concerns
NEW DELHI (Reuters) - India's top court ruled on Monday that restaurants cannot be forced to display the names of their owners, suspending police orders in two northern states that critics had said could foment discrimination against Muslims.
Spain's PM summoned as witness in wife's alleged corruption case
MADRID (Reuters) -A Spanish court on Monday summoned Prime Minister Pedro Sanchez to testify as a witness in an investigation into alleged corruption and influence peddling accusations against his wife that led him to consider resigning in April.
Korean Air set to order about 20 Boeing 777X jets, sources say
FARNBOROUGH, England (Reuters) - Boeing is set to announce on Monday an order for roughly 20 777X jets from Korean Air, in a boost to the U.S. planemaker’s long-delayed plane programme, two sources familiar with the matter said.
US opens probe into 150,000 Stellantis vehicles over loss of motive power
(Reuters) -The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday that it has opened a preliminary evaluation into about 150,000 Stellantis vehicles over reports of loss of motive power that is causing the engine to shut down, with intermittent ability to restart.
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